Similar Search Results

Infrastructure Investment in Network Industries : The Role of Incentive Regulation and Regulatory Independence

Égert, Balázs - 2009

-of-return regulation is generally thought to result in over investment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …

Persistent link: https://www.econbiz.de/10013160048

Public-Private Partnership and Schooling Outcomes Across Countries

Woessmann, Ludger - 2006

The paper provides a comparative analysis of the association between student achievement and public-private partnerships (PPPs) in schooling across countries. Student-level data from the PISA international achievement test provides information on the public-private character of both operation...

Persistent link: https://www.econbiz.de/10012780559

Broadband Infrastructure and Economic Growth

Czernich, Nina - 2012

We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel of OECD countries in 1996-2007. Our instrumental-variable model derives its non-linear first stage from a logistic diffusion model where pre-existing voice-telephony and...

Persistent link: https://www.econbiz.de/10013116573

Efficiency of Decentralized Road Investment and Pricing in a Multi-Jurisdictional City with Spillovers

Brueckner, Jan K. - 2013

This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...

Persistent link: https://www.econbiz.de/10013076399

Do Re-Election Probabilities Influence Public Investment?

Fiva, Jon H. - 2009

We identify exogenous variation in incumbent policymakers' re-election probabilities and explore empirically how this variation affects the incumbents' investment in physical capital. Our results indicate that a higher re-election probability leads to higher investments, particularly in the...

Persistent link: https://www.econbiz.de/10013157849

Fiscal Competition, Convergence and Agglomeration

Fenge, Robert - 2007

This paper analyzes the impact of fiscal competition through infrastructure in a New Economic Geography framework. It is shown that regional competition leads to convergence if the trade costs are high but induces divergence if trade cost have fallen below a certain value. Moreover, fiscal...

Persistent link: https://www.econbiz.de/10012776022

Institutional Architecture for Financing Pan-Asian Infrastructure Connectivity

Bhattacharyay, Biswa N. - 2017

Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically sustainable and resilient against external shocks to recover from the falling growth, most regional economies need to rebalance their export-oriented (mostly to advanced economies)...

Persistent link: https://www.econbiz.de/10012956801

The Employment Effects of Countercyclical Infrastructure Investments

Buchheim, Lukas - 2017

We estimate the causal impact of a sizable German infrastructure investment program on employment at the county level. The program focused on improving the energy efficiency of school buildings, making it possible to use the number of schools as an instrument for investments. We find that the...

Persistent link: https://www.econbiz.de/10012960100

Delays in Public Goods

Chatterjee, Santanu - 2017

In this paper, we analyze the consequences of delays and cost overruns typically associated with the provision of public infrastructure in the context of a growing economy. Our results indicate that uncertainty about the arrival of public capital can more than offset its positive spillovers for...

Persistent link: https://www.econbiz.de/10012961081

Trade and the Spatial Distribution of Transport Infrastructure

Felbermayr, Gabriel J. - 2015

The distribution of transport infrastructure across space is the outcome of deliberate government planning that reflects a desire to unlock the welfare gains from regional economic integration. Yet, despite being one of the oldest government activities, the economic forces shaping the endogenous...

Persistent link: https://www.econbiz.de/10013009845

1
2
3
4
5
6
7
8
9
10
Next
Last